There’s a popular saying that “when a product is free, you are the product.” For about two decades now, Facebook (now called Meta) has been making billions off the back of children and billions of people on its platforms. Facebook has now […]
Better.com CEO Vishal Garg, who recently got into a controversy after firing 900 employees over a Zoom call, is “taking time off effective immediately” from the company he founded five years ago. Garg is taking leave effective immediately, according to a […]
Today, organizations struggle to keep up with changing infosec and privacy regulatory requirements from governments around the world. Some companies are unable to distribute and communicate information about compliance posture to their customers. And that’s where Laika comes in. The JP […]
Italy’s antitrust regulator has been working on overdrive to rein in on a handful of US big tech companies abusing their monopolies. Late last month, Italy’s watchdog fined Apple and Google 10 million euros ($11.2 million) each for what it described […]
Just when you think the delivery space is getting crowded, investors continue to pour millions into the space hoping to find the next big winner. Millions of people now spend more time at home and make their purchases online instead […]
The trucking industry is a big component of the global economy. It facilitates the movement of goods and materials from one place to another. The freight trucking market in the U.S. is estimated at $514.7 billion in the year 2021. On […]
The health of our oceans is at a tipping point with unprecedented plastic pollution and damage to marine life and ecosystems. Covering 71% of our planet and containing 96% of all of our water, the health of our oceans is […]
Back in March, we wrote about Geojam after the Mariah Carey-backed music startup launched its Emerging Artist Program to reward fans and support emerging artists. Similar to Songclip, Geojam is a social music community that connects fans, artists, influencers, and brands. In fact, […]
It was just last month that we wrote about Lucid Motors after the so-called Tesla killer made its public debut in July via a SPAC with Michael Klein’s blank-check acquisition firm that valued the company at $24 billion. By November, Lucid’s market […]
The highly anticipated initial public offering (IPO) of Chinese AI facial recognition startup SenseTime is finally happening. After several false starts, SenseTime Group is looking to raise up to $767 million in its Hong Kong initial public offering (IPO), according to […]
Cryptocurrency hackers strike again. Last August, hackers stole over $90 million worth of crypto coins from the Japanese cryptocurrency exchange Liquid. The crypto startup also said that some of its digital currency wallets had been “compromised,” and that hackers were transferring the […]
Hycan, a GAC and Nio-backed Chinese electric car startup, is reportedly on the verge of raising $300 million in another round of funding as investors pour billions of dollars into the electric car space. In an interview with Evelyn Cheng of CNBC during […]
Glorify, a Christian faith-based app for worship and meditation, has raised $40 million in funding from investors including SoftBank Latin America Fund, Silicon Valley heavyweight Andreessen Horowitz, and reality TV star Kris Jenner, Corey Gamble, Michael Ovitz, Michael Bublé, Jason Derulo, […]
Maven 11 Capital, a global blockchain and digital asset investment firm., has closed $120 million for its second fund, Venture Fund II as the booming cryptocurrency market heats up and investors’ appetite to include crypto assets in their venture portfolio. Maven 11 […]
On Monday, Jack Dorsey stepped down from his role as Twitter CEO. Just two days after the announcement, Dorsey’s payments company Square announced yesterday it’s changing its corporate name to Block as the company expands beyond its original credit card-reader business […]
Grab, a SoftBank-backed food delivery startup and Southeast Asia’s biggest ride-hailing, makes its public debut on Thursday after a record $40 billion merger with a special purpose acquisition company (SPAC), making it the biggest Southeast Asia listing. Grab becomes the latest […]
Wealth disparities are on the rise in the United States. Today, the top 20% of Americans owned 86% of the country’s wealth and the bottom 80% of the population owned 14%. Closing the racial wealth gap requires more than just taxing […]
In 2020, the global cannabis market was valued at $22.10 billion. As millions stayed at a home during the pandemic, an increasing number of people turned to cannabis to relax and alleviate their anxieties. This, in addition to more states legalizing marijuana […]
London-based digital asset investing company CoinShares International has acquired French fintech Napoleon Crypto SAS and its social trading platform for $15.8 million (about 13.9 million euros), as the booming cryptocurrency market heats up. As part of the acquisition agreement, CoinShares said […]
Reibus, a provider of B2B e-commerce platform for the industrial metals market, has raised $75M in Series B funding led by SoftBank Vision Fund 2. This investment brings Reibus’ total funding to over $100 million and a valuation of $750 million. […]
